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SOUTH KOREA INTEREST RATES
South Korea media commission says Meta's youth protection changes should apply globallyThe Korea Media and Communications Commission (KMCC) said in a statement to Reuters that social media providers needed to take greater res...- Global Market: Bank of Korea hikes rates again to 3% as growth, inflation stay firmSouth Korea’s central bank raised its benchmark interest rate by 25 basis points to 3% for a second straight meeting, citing stronger-than-...
- Global Market: Kospi gains over 1% as Nvidia outlook lifts chipmakersSouth Korean shares rose, led by chipmakers after Nvidia forecast strong AI-driven revenue growth. The KOSPI gained 1.22%, while Samsung El...
- Senior citizens can earn up to 7.20% on FD investment: HDFC Bank, Federal Bank revise rates on select tenuresHDFC Bank has announced a boost to fixed deposit rates for senior citizens, increasing them by ten basis points. Federal Bank has also adju...
- 'Inappropriate and hostile': Trump scales back US-South Korea drills amid ties with North KoreaPresident Donald Trump ordered a significant reduction in joint military exercises with South Korea. He cited costs and his relationship wi...
- In 1953, South Korea emerged from war with 60–70% living in extreme poverty. 71 years later, life expectancy reached 83.7 years with highest education levels anywhere in the planetSouth Korea transformed from extreme poverty after the war to a highly educated nation. Life expectancy significantly increased, reaching a...
- AI is keeping Asia afloat as inflation weighs it down: Moody’s AnalyticsIn the Asia-Pacific landscape, economies are diverging with AI-driven export demand providing a silver lining. Nonetheless, domestic consum...
- Global Markets | Japan's Nikkei weighed down by AI stocks ahead of Nvidia earningsThe Nikkei share average in Japan experienced a downturn as stocks related to artificial intelligence faced mounting pressure due to inflat...
- Explained: Why Samsung shares tanked 8% while rival SK Hynix traded higher on MondaySamsung Electronics shares fell 8% after its record $79 billion shareholder-return plan disappointed investors. The company plans to return...
- From stock euphoria to panic: South Korea investors face painful market falloutSouth Korea’s KOSPI has fallen about 30% from its June 19 peak as a retail-driven stock market boom fuelled by leveraged products turned in...
- South Korea plans chip windfall fund to back youth, AI investmentThe proposed "Future Response Fund" would finance programmes aimed at helping young people find jobs, buy homes and start families, while...
- Train to nowhere? South Korea's lonely push for peace with the NorthSouth Korea's Woljeong-ri station project symbolizes peace hopes amid complex inter-Korean relations. President Lee Jae Myung's dovish appr...
- Global Market: KOSPI gains on chip boost; foreigners turn net buyersSouth Korean shares rose on Friday, led by gains in Samsung Electronics and SK Hynix after U.S. semiconductor stocks advanced, though the K...
- Trump says Kim Jong Un 'didn't like' Biden, Obama but 'likes me'; highlights ties making US, allies safer"I do have a good relationship with Kim Jong Un, as you know, you've seen. He didn't like Biden, he didn't like Obama, he didn't like anybo...
- North Korea launches 10 ballistic missiles as US-South Korea drills near endIn the wake of North Korea's missile launch, South Korea expressed strong condemnation and heightened its military readiness during collabo...
- Global Market: Emerging Asian currencies rise as softer dollar, rate-hike bets support sentimentAsian currencies strengthened modestly as a weaker US dollar and fading expectations of a September Federal Reserve rate hike supported eme...
- How has the US-South Korea relationship evolved under Trump?President Trump's approach has tested the U.S.-South Korea alliance over military drills. Security commitments and troop presence remain po...
- Trump's slight of South Korea in favor of the North raises broader US security concernsPresident Trump reduced joint military exercises with South Korea. This decision raises concerns about United States security interests in ...
- Trump criticises South Korea, says 'declined request to help US in Iran conflict'Speaking to reporters, Trump said he called the South Korean President and asked whether he would be willing to "give us a little hand" wit...
- South Korea fired warning shots after North Korean soldiers crossed demarcation lineSouth Korean troops fired warning shots after North Korean soldiers crossed the military demarcation line. Multiple North Korean soldiers e...
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